$165,000
SOLD FEB 14, 2022

226 E Union St Cumberland, MD 21502

-- Bed
-- Bath
5,500 Sq Ft
8,946 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

28% Below List Price

127 Days on Market

About This Home

As of January 2023

INVESTORS!!!!!!!!! Large 5 Unit Apartment Building Located in Historic Downtown Cumberland. Walking distance from the river, shopping, restaurant's and MORE! This would be the best cash flowing asset you could find. 5 Updated Kitchens, 5 updated bathrooms, new carpeting, updated fixtures, freshly painted, BRAND NEW ROOF and MORE!! 4 out of 5 Units - 2 Bedroom, 1 Bathroom, 5th Unit - 1 Bedroom, 1 Bathroom. Laundry Hook-up Located in basement. Don't let this one slip away. Priced to sell - That's less than $46K per unit with lots of Cash Flow potential. Book your private showing today!! Property is being sold AS-IS.

Last Agent to Sell the Property

Lois Alberti

Alberti Realty, LLC Listed on: 08/21/2021

Last Buyer's Agent

Misty Hott Ernde

EXP Realty, LLC License #WVS180300439

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1875

Parking

  • On-Street Parking

Home Design

  • 5,500 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Additional Features

  • 8,946 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Assessor Parcel Number 0122015125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,596

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTORS!!!!!!!!! Large 5 Unit Apartment Building Located in Historic Downtown Cumberland. Walking distance from the river, shopping, restaurant's and MORE! This would be the best cash flowing asset you could find. 5 Updated Kitchens, 5 updated bathrooms, new carpeting, updated fixtures, freshly painted, BRAND NEW ROOF and MORE!! 4 out of 5 Units - 2 Bedroom, 1 Bathroom, 5th Unit - 1 Bedroom, 1 Bathroom. Laundry Hook-up Located in basement. Don't let this one slip away. Priced to sell - That's less than $46K per unit with lots of Cash Flow potential. Book your private showing today!! Property is being sold AS-IS.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5500
  • Living Area Sq Ft: 5500
  • Price Per Sq Ft: 29.07
  • Above Grade Finished Sq Ft: 5500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 226

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District Key: 121140562208
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 50000.00
  • Land Assessed Value: 6100.00
  • Land Use Code: 010
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8946.00
  • Year Assessed: 2021
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14931083
  • Tax Annual Amount: 1596.00
  • Assessor Parcel Number: 0122015125
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/14/2022

MLS Schools

  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $158,000 -16.4% $33 / Sq Ft
12/06/2022 12/06/22 Price Changed $189,000 0.0% $40 / Sq Ft
11/08/2022 11/08/22 Price Changed $189,000 0.0% $40 / Sq Ft
09/27/2022 09/27/22 For Sale $189,000 +14.5% $40 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
02/14/2022 02/14/22 Sold $165,000 +3.2% $30 / Sq Ft
12/07/2021 12/07/21 Price Changed $159,900 -5.9% $29 / Sq Ft
10/18/2021 10/18/21 Price Changed $169,900 -10.5% $31 / Sq Ft
09/20/2021 09/20/21 Price Changed $189,900 -5.0% $35 / Sq Ft
09/04/2021 09/04/21 Price Changed $199,900 -13.0% $36 / Sq Ft
08/21/2021 08/21/21 For Sale $229,900 +440.9% $42 / Sq Ft
01/27/2021 01/27/21 Sold $42,500 -6.4% $11 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $45,400 +6.8% $11 / Sq Ft
12/10/2020 12/10/20 Off Market $42,500 -- --
12/09/2020 12/09/20 Price Changed $45,400 -10.3% $11 / Sq Ft
12/04/2020 12/04/20 For Sale $50,600 +19.1% $13 / Sq Ft
12/02/2020 12/02/20 Off Market $42,500 -- --
11/20/2020 11/20/20 Price Changed $50,600 -0.6% $13 / Sq Ft
11/03/2020 11/03/20 For Sale $50,900 -- $13 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2000678

Bright MLS

APN: 22-015125